Intranets.com Named to the 2004 Inc. 500
Inc. Magazine honors Intranets.com as one of the fastest growing private companies
Woburn, MA (October 26, 2004) - Intranets.com (http://www.intranets.com), the world's leading provider of on-demand collaboration services, today announced it has been named to Inc. Magazine's prestigious annual ranking of the 500 fastest-growing private companies in the country. Intranets.com will be highlighted in a special issue of Inc. Magazine appearing on newsstands today. The company ranked #451 on the list, with four years average annual sales growth of 82.2%.
The companies that made this year's list thrived despite continued stagnation in the economy, posting an average year-over-year sales growth of 265%. Inc. 500 companies posted aggregate 2003 revenue of $12.6 billion, and 82% of them were profitable. And while the United States shed 410,000 jobs in 2003, Inc. 500 companies provided employment for more than 70,000 people.
"The best thing you can say about this year's crop of Inc. 500 entrepreneurs is that they didn't buy into the hype," said Inc. editor-in-chief John Koten. "When people were practically giving away funding in the late 1990s, these companies didn't overextend, and when everyone hit the panic button a few years later, they stayed calm and seized opportunity."
Intranets.com continues to meet the collaboration needs of its customers, serving 230,000 users from more than 8,200 companies, including many small-to-midsize businesses as well as enterprise clients such as NASA, the Home Depot and Keller Williams Realty. In addition to being named to the Inc. 500, Intranets.com also announced today that it was named to the 2004 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America.
The Inc. 500 ranks privately held companies according to averaged year-over-year sales growth over the past four years. With approximately 75% of all new job creation in the U.S. coming from small businesses, the Inc. 500 is a prescient indicator of the companies and industries that are driving the economy forward. Eighty-five companies (17%) on this year's Inc. 500 say they plan to go public at some point. Over the years, the Inc. 500 has identified the next generation of world-class companies, with Microsoft, Stonyfield Farms, Timberland, Oracle, The Princeton Review, Morningstar, E* Trade, Intuit, and Domino's Pizza all appearing on the list before they became industry powerhouses.
About Intranets.com
Intranets.com is the world's leading provider of on-demand collaboration services for small businesses or departments and groups inside large organizations. The company serves more than 350,000 users across 10,000 companies worldwide and offers a secure, web-based collaboration suite to share critical business information quickly and easily at any time from anywhere. Privately held and profitable, Intranets.com is led by an experienced team of software industry professionals who are committed to providing a secure, customizable, easy-to-deploy intranet solution supported by world-class customer service. Intranets.com is a PC Magazine "Editor's Choice" winner and is rated one of the world's "Top 25" leading service providers by ASPNews. The company has also been ranked by the Boston Business Journal as one of the fastest growing private companies in Massachusetts for two consecutive years. For more information or to take a FREE 30-day test drive, visit http://www.intranets.com/pr, e-mail corpsales@intranets.com or call 888-932-2600 or 781-565-6000.
About Inc.
Inc., the only business magazine dedicated exclusively to owners and managers of fast-growing private companies, delivers real solutions for today's innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing and technology. Inc. is the premier publication that focuses on small to medium-size businesses, which are responsible for more than half the nation's gross domestic product and 75% of its new jobs. And Inc. looks beyond work to address the entrepreneurial lifestyle. Inc., a Gruner + Jahr USA publication, inspires and informs, with cutting-edge coverage that reflects our readers' energy, brashness, and imagination.
Press Contact:
Colin Smith
Director of Public Relations
408.566.5694
Intranets.com is a trademark of Intranets.com, Inc. idealab! is a registered trademark of idealab!, Inc. Other product and company names herein may be trademarks of their respective owners.


